In 2024, a total of ***Â businesses declared insolvency in South Korea. Business insolvencies in the country have been trending downwards over the last decade, first falling below one thousand in 2014.
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Statistics Korea. (November 28, 2025). Total number of business insolvencies in South Korea from 1990 to 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea. "Total number of business insolvencies in South Korea from 1990 to 2024." Chart. November 28, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea. (2025). Total number of business insolvencies in South Korea from 1990 to 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea. "Total Number of Business Insolvencies in South Korea from 1990 to 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 28 Nov 2025, /statistics/1116793/number-business-insolvencies-south-korea/
Statistics Korea, Total number of business insolvencies in South Korea from 1990 to 2024 ÌÇÐÄÆƽâ°æ, /statistics/1116793/number-business-insolvencies-south-korea/ (last visited July 30, 2026)
Total number of business insolvencies in South Korea from 1990 to 2024 [Graph], Statistics Korea, November 28, 2025. [Online]. Available: /statistics/1116793/number-business-insolvencies-south-korea/
